A Study on Nifty 50 during COVID 19 Pandemic

<p><strong>Abstract: </strong>This study aims to understand the performance of Nifty 50 during COVID-19 pandemic. The paper attempts to predict the post COVID-19 second wave value of the Nifty 50 and check the efficiency of ARIMA model in short duration. To study and forecast the performance of Nifty 50 daily closing prices of Nifty 50 index is considered. The historical data are collected from NSE's website. Analysis shows that index has given immense opportunities during the COVID 19 pandemic to enter in equity market. The ARIMA model indicates the range bound movement with 95 per cent of confidence interval.</p><p><strong>Keywords: </strong>Equity Index, Nifty, Forecasting, ARIMA Modelling</p><p><strong>JEL Classification Number: </strong>G10, G11 and G17</p&gt